The slaughter yesterday was not insiders. That was pure fucktard Reddit users hating the platform they use every day, organized shorting to push panic selling. Got a small position from 46 and did a dumb thing yesterday and added a position in a seperate account at 52. Knew I should’ve waited until close. Fucking algos took it down like a pennystock offering 33% in two days. Cunts
https://preview.redd.it/jqs5tzelh8rc1.png?width=606&format=pjpg&auto=webp&s=39e216c92548673c97cd70d2344c39fed2e58a9b
Buyer beware, unless you're one of us ![img](emote|t5_2th52|4275)
Red is bad, for the record. Unless you're a dumpster aficionado.
I don't understand how can adults be so naive to not understand that companies cant sell at loss for such high investment hardware. Its a tactic to collect all your information and use it to show ads or dangerously yet, sell personal information to 3rd party (hackers and political parties).
Data: Audio, video, location.
**1. where you are,**
**2. what you are doing,**
**3. what you are saying,**
**4. how you look while saying it,**
**5. Who you are with.**
And i don't trust their battery. Will never buy a Xiaomi car. NEVER.
From an engineering perspective it’s not good at all. Those machines that unbolt the battery might strip or round out the bolts. Bolts needs to be replaced every few swaps due to fatigue or stretching. Those High voltage and low voltage aren’t meant to be taken off once a week for 10+ years. Electrical connectors break, electrical contacts wear out from sliding in and out. You also have to deal with coolant refilling without bubbles. Also you’re prob not gonna like the idea of swapping your new battery pack for an unknown one. Battery is the biggest single cost and lots of expensive things can happen to it. The list goes on, it’s better to focus on faster charging.
You’re welcome. You could also purchase futures options on something like IBKR for micros and have a defined loss. You can’t lose more than you pay for when you buy them. It’s not a bad way to learn. However you’ll be fighting against theta.
What gets me is when I give someone a stock tip that's been working great for me, my friend/relative buys, and it just tanks making me look like an a-hole.
Maybe you can argue he was good at running a fraudulent company (until he wasn't) lol. He knew how to lie to get investors on board. Similar to Elizabeth Holmes. Deeply unethical people who are good at short-sightedly defrauding investors and customers.
I was going to say it's impressive that he managed to create FTX and turn it into a billion-dollar company with 300 employees at such a young age, but it's my impression that the fake numbers were such an integral part of the company's success that it's hard to say whether it would have worked without the fraudulent balance sheets. I mean, did he only juke the numbers to cover up the fact that he was gambling with the money? Or were the numbers integral to getting more customers and investors on board?